Posted on 03/06/2009 8:04:43 AM PST by FromLori
Here's the Government's view of it:
Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6 to 8.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors.
(Excerpt) Read more at market-ticker.denninger.net ...
Bush’s fault.
Obama is perfect and it can’t be the One’s fault.
Oh noes! Unemployment has hit the World of Warcraft!
Don’t worry, Emperor Jagang will have pothole-filling jobs for us soon.
You know things are getting worse when whilst surfing the business shows you come across the lads on CNBC debating whether it’s better to stockpile Chef Boyardee spaghetti in the can or SPAM.
I have more spam at the moment...lol
Atlas, he be a-shruggin’.
lol I received a hot tip it was buy Gold, Spam, Guns stock!
http://www.moneyandmarkets.com/gold-guns-and-spam-3-29970
No one can fix this because the chickens are coming home to roost because of our stupid so called free trade policy...don’t you just love our consumption economy...why Walmart and Family Dollar are up...let’s run out and buy, buy, we won’t help people in this country, but will help that bastion of communism China...happy days are here again- bread lines for American workers but high tech weapons for the Chinese...wow what a concept.
I think the people who got us into this terrible economic situation probably read this book...and many like it so I’ll pass.
In MIchigan it is almost 12% and Jennifer wants to raise taxes and fees AGAIN! HELP
What exactly do you propose that is better?
Consumption is the basis of every economy I can think of.....no consumption, there is no economy!
Well to be fair my husband works for a large commercial construction company and clients started cancelling contracts around the middle of last year when all the media kept reporting he was likely to be The Smelly One.
As I said, once it became more clear he was going to win, it shot up at an even faster pace.
Its really quite easy....close IRS..Fairtax...knock back about 60% of federal regulatory shackles enacted the last 25 years ...and Presto!! Probably generate enough economic growth to even make paying down some of the bank debt a reality
You know things are getting worse when whilst surfing the business shows you come across the lads on CNBC debating whether it’s better to stockpile Chef Boyardee spaghetti in the can or SPAM
Chef Boy-R-Dee is cheaper
Why aren’t you teaching economics?
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